Updated Version Crashing at Dennaton Logo

[Snakes McGee]

So, i've been able to get the old version of the game running (albeit with some occasional graphical glitches), but the updated version simply won't launch. Or, more accurately, it launches, then closes at the Dennaton logo (always right before the two face halves collide).

The crash log has the following to say:

<<<<<<<<<<<<<<< UNHANDLED EXCEPTION OCCURED >>>>>>>>>>>>>
0023:7742B942 (0x031D0000 0x00000000 0x0099D310 0x0342564C) ntdll.dll, RtlSizeHeap()+0146 byte(s)
0023:72807135 (0x031D0000 0x00000000 0x0099D310 0x0019FE10) AcLayers.DLL
0023:618A016A (0x0099D310 0x0019FE4C 0x0093091E 0x00AB909C) MSVCR100.dll, free()+0028 byte(s)
0023:008DDC8D (0x00AB909C 0x00BB1214 0x008DBFD7 0xC8136A8B) HotlineGL.exe
0023:0093091E (0xC8136AAB 0x00BB0D80 0x00BB11F8 0x0019FE88) HotlineGL.exe
0023:008DC755 (0xC8136A53 0x033DCDFC 0x77434F50 0x00A887F0) HotlineGL.exe
0023:0040A874 (0x7C2B7D26 0x0101F60C 0x01283B6C 0x00000000) HotlineGL.exe
0023:618B7A3C (0xFFFFFFFF 0x00000000 0x00000000 0x0019FF70) MSVCR100.dll, _query_new_mode()+0577 byte(s)
0023:618B7B1D (0xFFFFFFFF 0xC8136BB7 0x009ABF10 0x009ABF10) MSVCR100.dll, exit()+0017 byte(s)
0023:009ABDE1 (0x003B6000 0x7719FCB0 0x0019FFDC 0x77437C5E) HotlineGL.exe
0023:7719FCC9 (0x003B6000 0x3C85F38F 0x00000000 0x00000000) KERNEL32.DLL, BaseThreadInitThunk()+0025 byte(s)
0023:77437C5E (0xFFFFFFFF 0x77458C17 0x00000000 0x00000000) ntdll.dll, RtlGetAppContainerNamedObjectPath()+0286 byte(s)
0023:77437C2E (0x009ABF10 0x003B6000 0x00000000 0x78746341) ntdll.dll, RtlGetAppContainerNamedObjectPath()+0238 byte(s)

<<<<<<<<<<<<<<< UNHANDLED EXCEPTION OCCURED >>>>>>>>>>>>>
0023:00930913 (0xC81366FF 0xFFFFFFFF 0x00BB11F8 0x0019F28C) HotlineGL.exe
0023:008DC6F5 (0x00B64600 0xFFFFFFFF 0x0019F258 0x00B645E0) HotlineGL.exe
0023:61892DC7 (0xC8136A53 0x033DCDFC 0x77434F50 0x00A887F0) MSVCR100.dll, NLG_Return
0023:0040A874 (0x7C2B7D26 0x0101F60C 0x01283B6C 0x00000000) HotlineGL.exe
0023:618B7A3C (0xFFFFFFFF 0x00000000 0x00000000 0x0019FF70) MSVCR100.dll, _query_new_mode()+0577 byte(s)
0023:618B7B1D (0xFFFFFFFF 0xC8136BB7 0x009ABF10 0x009ABF10) MSVCR100.dll, exit()+0017 byte(s)
0023:009ABDE1 (0x003B6000 0x7719FCB0 0x0019FFDC 0x77437C5E) HotlineGL.exe
0023:7719FCC9 (0x003B6000 0x3C85F38F 0x00000000 0x00000000) KERNEL32.DLL, BaseThreadInitThunk()+0025 byte(s)
0023:77437C5E (0xFFFFFFFF 0x77458C17 0x00000000 0x00000000) ntdll.dll, RtlGetAppContainerNamedObjectPath()+0286 byte(s)
0023:77437C2E (0x009ABF10 0x003B6000 0x00000000 0x78746341) ntdll.dll, RtlGetAppContainerNamedObjectPath()+0238 byte(s)

Here's what I've tried so far:
- Updating my NVidia driver.
- Verifying integrity of game cache.
- Installing OpenAL.
- Disabling Steam Overlay (I have no other overlay apps).
- Running in 1280x800 (Windowed and Fullscreen).
- Running HotlineGL.exe as Administrator

Any help with this issue would be appreciated!

[Lukeman]

Have you tried using a different audio device? I have the same issue when running the game with a dedicated sound card, but it works if I set my monitor as the audio device.